mortgage info

[danarello]

My mother is the lender. I've been doing this on TurboTax for more than 10 years. But this year TT asks: Outstanding Mortgage Principal = ?  this is a new question for TT! I don't have a 1098. This was never a problem before. I have the Mortgage origination date. It also asks for "Mortgage acquisition date =?" This is also a new question this year. all of this probably doesn't matter due to tax changes and standard deduction increase but I need to input to continue my tax return.

[ReginaM]

Yes, these are new questions.  For the Outstanding Mortgage Principal, enter your mortgage balance as of January 1, 2019.   For more information please see IRS Instructions for Form 1098.

[danarello]

By “mortgage balance “ are you referring to the loan balance indicated on my amortization schedule? That is to say “how much I owe as of Jan 1,2019.

[NCperson]

yes